Hot and cold water dispensers are drinking water devices that can be used to dispense hot and cold water through separate hot and cold water levers.

Scope of the Report:

This report focuses on the Hot and Cold Water Dispensers in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.

The various benefits associated with the use of water dispensers will be one of the major factors that will have a positive impact on the global hot and cold water dispensers market during the forecast period. Factors such as easy to purchase, install, and maintain and the availability of clean and safe drinking water has led to the introduction of many varieties of water dispensers based on customer requirement. Moreover, varieties such as bottled units are portable and do not need any plumbing, have been launched in the market. Also, they only need the water bottle to be attached to the top or bottom. This has led to the growth in the demand for hot and cold water dispensers.

The rising adoption of energy-efficient hot and cold water dispensers is one of the key trends that will contribute to the market growth in the forthcoming years. The rising awareness regarding the high-energy consumption rates across the world has led governments of many countries to encourage market competitors and consumers to introduce energy-efficient products including hot and cold water dispensers. For instance, Q&C WATERCOOLERS, introduced Nano, a next-generation water dispenser that is an energy-efficient, compact and smart hot and cold water dispenser.

EMEA is expected to be the major revenue contributor to the hot and cold water dispensers market throughout the forecast period.

The worldwide market for Hot and Cold Water Dispensers is expected to grow at a CAGR of roughly xx% over the next five years, will reach xx million US$ in 2023, from xx million US$ in 2017, according to a new GIR (Global Info Research) study.

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